Common use of PAYING RENT Clause in Contracts

PAYING RENT. 3.2.1 To pay the Rent as set out in the Particulars of this Agreement whether or not it has been formally demanded. The Rent shall be paid by the Tenant by Standing Order Mandate to «D9_17_0#Landlord_Bank_Name» Sort Code «D9_23_0#Landlord_Sortcode» Account Number «D9_24_0#Landlord_Bank_Account_Number» in the name of «D9_51_0#Landlord_Account_Name». 3.2.2 To pay interest on any payment of Rent not made as set out in the Particulars of this Agreement. Interest shall be payable on any Rent due and outstanding 14 days after their due date for payment and will be payable from the date on which the Rent was due until the date on which the Rent is actually paid. The interest rate will be 3% above the Bank of England Base Rate – calculated on the sum outstanding annually and applied on a daily and simple basis. 3.2.3 During the term of the tenancy the Landlord’s Agent are not employed by the Landlord to manage the Tenancy or collect the Rent. Should the Landlord reside overseas for a period of six months or more in any tax year the Landlord must obtain the consent of HMRC to receive the rent in full. Confirmation of such consent should be obtained by the Tenant. If the Landlord fails to gain such consent the Tenant may be responsible to make a deduction before remitting the Rent to the Landlord. Should the Tenant fail to make this deduction and where required to account to HMRC the HMRC may pursue the Tenant for any monies owed even if the Rent has been paid to the Landlord. Further information can be found here - ▇▇▇▇▇://▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇.▇▇▇.▇▇/government/uploads/system/uploads/attachment_data/file/521876/NRL_Guidan ce_Notes_-_19_04_16.pdf

PAYING RENT. 3.2.1 To pay the Rent as set out in the Particulars of this Agreement whether or not it has been formally demanded. The Rent shall be paid by the Tenant by Standing Order Mandate to «D9_17_0#Landlord_Bank_Name» Landlord bank name Sort Code «D9_23_0#Landlord_Sortcode» 000000 Account Number «D9_24_0#Landlord_Bank_Account_Number» ▇▇▇▇▇▇▇▇ in the name of «D9_51_0#Landlord_Account_Name»Landlord account name. 3.2.2 To pay interest on any payment of Rent not made as set out in the Particulars of this Agreement. Interest shall be payable on any Rent due and outstanding 14 days after their due date for payment and will be payable from the date on which the Rent was due until the date on which the Rent is actually paid. The interest rate will be 3% above the Bank of England Base Rate – calculated on the sum outstanding annually and applied on a daily and simple basisRate. 3.2.3 During the term of the tenancy the Landlord’s Agent are not employed by the Landlord to manage the Tenancy or collect the Rent. Should the Landlord reside overseas for a period of six months or more in any tax year the Landlord must obtain the consent of HMRC to receive the rent in full. full Confirmation of such consent should be obtained by the Tenant. If the Landlord fails to gain such consent the Tenant may be responsible to make a deduction before remitting the Rent to the Landlord. Should the Tenant fail to make this deduction and where required to account to HMRC the HMRC may pursue the Tenant for any monies owed even if the Rent has been paid to the Landlord. Further information can be found here - ▇▇▇▇▇://▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇.▇▇▇.▇▇/government/uploads/system/uploads/attachment_data/file/521876/NRL_Guidan ce_Notes_-_19_04_16.pdf

PAYING RENT. 3.2.1 To pay the Rent as set out in the Particulars of this Agreement whether or not it has been formally demanded. The Rent shall be paid by the Tenant by Standing Order Mandate to «D9_17_0#Landlord_Bank_Name» Landlord bank name Sort Code «D9_23_0#Landlord_Sortcode» Code: 000000 Account Number «D9_24_0#Landlord_Bank_Account_Number» Number: ▇▇▇▇▇▇▇▇ in the name of «D9_51_0#Landlord_Account_Name»Landlord account name. 3.2.2 To pay interest on any payment of Rent not made as set out in the Particulars of this Agreement. Interest shall be payable on any Rent due and outstanding 14 days after their due date for payment and will be payable from the date on which the Rent was due until the date on which the Rent is actually paid. The interest rate will be 3% above the Bank of England Base Rate – calculated on the sum outstanding annually and applied on a daily and simple basisRate. 3.2.3 During the term of the tenancy the Landlord’s Agent are not employed by the Landlord to manage the Tenancy or collect the Rent. Should the Landlord reside overseas for a period of six months or more in any tax year the Landlord must obtain the consent of HMRC to receive the rent in full. full Confirmation of such consent should be obtained by the Tenant. If the Landlord fails to gain such consent the Tenant may be responsible to make a deduction before remitting the Rent to the Landlord. Should the Tenant fail to make this deduction and where required to account to HMRC the HMRC may pursue the Tenant for any monies owed even if the Rent has been paid to the Landlord. Further information can be found here - ▇▇▇▇▇://▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇.▇▇▇.▇▇/government/uploads/system/uploads/attachment_data/file/521876/NRL_Guidan ce_Notes_-_19_04_16.pdf

PAYING RENT. 3.2.1 To pay the Rent as set out in the Particulars of this Agreement whether or not it has been formally demanded. The Rent shall be paid by the Tenant by Standing Order Mandate to «D9_17_0#Landlord_Bank_Name» Sort Code «D9_23_0#Landlord_Sortcode» Account Number «D9_24_0#Landlord_Bank_Account_Number» in the name of «D9_51_0#Landlord_Account_Name». 3.2.2 To pay interest on any payment of Rent not made as set out in the Particulars of this Agreement. Interest shall be payable on any Rent due and outstanding 14 days after their due date for payment and will be payable from the date on which the Rent was due until the date on which the Rent is actually paid. The interest rate will be 3% above the Bank of England Base Rate – calculated on the sum outstanding annually and applied on a daily and simple basisRate. 3.2.3 During the term of the tenancy the Landlord’s Agent are not employed by the Landlord to manage the Tenancy or collect the Rent. Should the Landlord reside overseas for a period of six months or more in any tax year the Landlord must obtain the consent of HMRC to receive the rent in full. Confirmation of such consent should be obtained by the Tenant. If the Landlord fails to gain such consent the Tenant may be responsible to make a deduction before remitting the Rent to the Landlord. Should the Tenant fail to make this deduction and where required to account to HMRC the HMRC may pursue the Tenant for any monies owed even if the Rent has been paid to the Landlord. Further information can be found here - ▇▇▇▇▇://▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇.▇▇▇.▇▇/government/uploads/system/uploads/attachment_data/file/521876/NRL_Guidan ce_Notes_-_19_04_16.pdf

PAYING RENT. 3.2.1 To pay the Rent as set out in the Particulars of this Agreement whether or not it has been formally demanded. The Rent shall be paid by the Tenant by Standing Order Mandate to «D9_17_0#Landlord_Bank_Name» Sort Code «D9_23_0#Landlord_Sortcode» Account Number «D9_24_0#Landlord_Bank_Account_Number» in the name of «D9_51_0#Landlord_Account_Name». 3.2.2 To pay interest on any payment of Rent not made as set out in the Particulars of this Agreement. Interest shall be payable on any Rent due and outstanding 14 days after their due date for payment and will be payable from the date on which the Rent was due until the date on which the Rent is actually paid. The interest rate will be 3% above the Bank of England Base Rate – calculated on the sum outstanding annually and applied on a daily and simple basisRate. 3.2.3 During the term of the tenancy the Landlord’s Agent are not employed by the Landlord to manage the Tenancy or collect the Rent. Should the Landlord reside overseas for a period of six months or more in any tax year the Landlord must obtain the consent of HMRC to receive the rent in full. full Confirmation of such consent should be obtained by the Tenant. If the Landlord fails to gain such consent the Tenant may be responsible to make a deduction before remitting the Rent to the Landlord. Should the Tenant fail to make this deduction and where required to account to HMRC the HMRC may pursue the Tenant for any monies owed even if the Rent has been paid to the Landlord. Further information can be found here - ▇▇▇▇▇://▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇.▇▇▇.▇▇/government/uploads/system/uploads/attachment_data/file/521876/NRL_Guidan ce_Notes_-_19_04_16.pdf